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29/08/2025

Market research firm Counterpoint Research released a report stating that the global smartwatch shipments in the second quarter of 2025 increased by 8% year-on-year, marking a rebound in the market after five consecutive quarters of decline. The firm pointed out two main reasons driving the global smartwatch business recovery: steady growth in global consumer demand for smartwatches and the boost from the Chinese market led by brands such as Huawei, Xiaomi, and Amazfit.

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Bank of China: As of the end of the first half of the year, the Tier 1 capital adequacy ratio was 12.57%.

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Peaceful Construction (01977.HK) released its interim results with a net profit attributable to shareholders of HK$80.8 million, a decrease of 1.94% year-on-year.

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Bank of China Hong Kong's net profit for the first half of the year was HK$22.15 billion, an 11% increase year-on-year; net interest income for the first half of the year was HK$25.06 billion, a 3.5% decrease year-on-year. The net interest margin for the first half of the year was 1.34%, down from 1.46% in the same period last year.

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In the first half of the year, Bank of China Hong Kong's net profit increased by 11% to HK$22.15 billion; net interest income in the first half of the year decreased by 3.5% to HK$25.06 billion. The net interest margin in the first half of the year was 1.34%, compared to 1.46% in the same period last year.

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In the first half of the year, the net profit of Bank of China was 117.59 billion yuan.

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